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Esk Way, Romford

London

£450,000
Listed on 09/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
491 sqft

Description

This semi-detached three-bedroom house represents a solid opportunity for a first-time buyer looking to customize their living space. Offered chain-free, the property provides a versatile layout with significant development potential for rear and loft extensions, subject to planning permission. Upon entry, you are welcomed by a generous hallway featuring useful under stairs storage. The kitchen is spacious and offers an abundance of room for cabinetry and essential appliances, making it ideal for future enhancements. The open-plan design of the living and dining areas allows ample space for entertaining and family gatherings, with possibilities for modernization such as creating a kitchen/breakfast room by removing the wall between the kitchen and dining area. Alternatively, one might consider reconfiguring the sitting room and ground floor WC to maximize living space further. The three well-sized bedrooms accommodate king-size beds comfortably, with the third bedroom being particularly flexible as a child's room or home office. A large shower room at the rear of the house presents an opportunity to revert back to a traditional bathroom setup if desired. The outdoor space includes a well-maintained garden featuring a patio perfect for relaxation or outdoor dining, alongside neatly kept lawns adorned with flowering shrubs. A garage provides additional storage solutions or parking alternatives, complemented by off-street parking at the front of the property.

Investment Analysis

(RM1 area)

Above Market Value

This property is priced +98.7% above area average per sq ft

+98.7%
This Property
£916/sq ft
Area Average
£461/sq ft
Avg Rent (weekly)
£381
Avg Yield
5.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£249,121
10% above area average per sq ft
Potential ROI
-50.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (RM1)

Area prices are rising by +10.3% over the last 12 months
3 year growth: +8.3%
5 year growth: +11.6%
Investment Disclaimer: Analysis based on RM1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Esk Way, Romford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,623
Based on a loan of £337,500 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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